Gas Price Hike Challenged

Mar 11 2014

March 11: Even as the price of domestic natural gas is set to rise from April 1, the Supreme Court is set to take up a PIL filed by CPI Leader Gurudas Dasgupta and NGO Common Cause. The PIL alleges that the decision to raise gas prices was taken to favour RIL. Ashpreet Sethi shares details on the same. Also, Bloomberg TV India speaks to Former ONGC Chairman Sudhir Vasudeva, to discuss the implications of the PIL on ONGC, which is one of the benefactors of the gas price hike.